5 European Cities With Most Affordable Monthly Rents

In this article, we will discuss the 5 European cities with most affordable monthly rents. If you want to read our discussion on the real estate market in Europe, you can go directly to the 25 European Cities With Most Affordable Monthly Rents.

5.  Kharkiv 

Country: Ukraine

Monthly Rent: $273

Kharkiv is the second largest city in Ukraine, with an average cost of living of $564. The median after-tax salary in the city stands at $401. It is 6.88 times cheaper to live in Kharkiv than New York.

 4. Odesa 

Country: Ukraine

Monthly Rent: $255

As the third-largest city in Ukraine, Odesa has an estimated population of around 1.01 million. The average cost of living in Odesa is $587, with a median after-tax salary of $389. This combination of factors positions Odesa as an economically attractive destination.

 3. Mostar 

Country: Bosnia And Herzegovina

Monthly Rent: $233

Mostar has an estimated population of around 113,000. The average cost of living in Mostar is $663, and the median after-tax salary is $663. For perspective, the cost of living in Mostar is 5.63 times lower compared to New York.

 2. Tuzla 

Country: Bosnia And Herzegovina

Monthly Rent: $226

Tuzla stands out as a city where residents can enjoy a relatively economical lifestyle. With an average cost of living of $635, Tuzla’s affordability becomes even more apparent, considering it is 5.91 times lower than the cost of living in New York.

1. Bitola

Country: North Macedonia

Monthly Rent: $219

Bitola is in first place on our list of the 25 European cities with the most affordable monthly rents. It is the third largest city in North Macedonia. The average cost of living in Bitola is $563, and the median after-tax salary is $434.

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